Brief: Red Rock Capital Sees Negative FY EBIT

Red Rock Capital AG

12/12/2019 06:37

Dec 12(Reuters) - RED ROCK CAPITAL AG  BYBKk.BE :  
    * SAID ON WEDNESDAY IT POSTED FY 2019 OUTLOOK IN VIEW OF H1
PROVISIONAL FIGURES
    * SAYS IN CURRENT FY THERE ARE COSTS RELATED TO THE SET-UP
OF A
NEW BUSINESS MODEL
    * H1 NEGATIVE EBIT OF BETWEEN EUR 300 AND 330 THOUSAND
    * SEES A COMPARABLE EARNINGS DEVELOPMENT IN H2
    * SEES FY 2019 NEGATIVE EBIT OF BETWEEN EUR 650 AND 750
THOUSAND
    * SAYS CO WILL NOT PURSUE THE INVESTMENTS AND REAL ESTATE
ACQUISITIONS ORIGINALLY PLANNED IN JANUARY
    * SAYS CO TO REARRANGE CURRENT SHAREHOLDING STRUCTURE

    
 Source text for Eikon:  ID:nEQ3CLt9Za 
    
 Further company coverage:  BYBKk.BE  
   
    
    

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